LOT Polish Airlines plans to grow in size and passenger numbers and return to sustainable profits in the next five years between 2024 and 2028. Part of this will come from growing the fleet, but the carrier is about to offer a more attractive product as well.
In the presence of Prime Minister Morawiecki and other ministers, LOT CEO Michal Fijol unveiled the medium-term strategy on Thursday. LOT Polish is 69.3 percent state-owned, with the remaining 30.7 owned by Polish Aviation Group (PGL) which also includes LOT Aircraft Maintenance Services, LS Technics, and LS Airport Services.
Active as a journalist since 1987, with a background in newspapers, magazines, and a regional news station, Richard has been covering commercial aviation on a freelance basis since late 2016.
Richard is contributing to AirInsight since December 2018. He also writes for Airliner World, Aviation News, Piloot & Vliegtuig, and Luchtvaartnieuws Magazine. Twitter: @rschuur_aero.
